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Miscellaneous Deductions Suspended Beginning January 1, 2018
- cpaboca1040
- Oct 1, 2018
- 1 min read
Miscellaneous deductions subject to the 2% floor of Adjusted Gross Income are now suspended
and not deductible. These include tax preparation fees, legal fees, safe deposit box fees, investment fees and convenience fees for using a credit or debit card to pay your taxes.
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